Sumitomo Mitsui Announces Shareholder Meeting Outcomes

Sumitomo Mitsui (SMFG) has released an update.

Sumitomo Mitsui Financial Group has announced the successful conclusion of its 22nd Ordinary General Meeting of Shareholders, with resolutions including the approval of the year-end dividend of ¥135 per share, the ratification of a three-for-one stock split effective October 1, 2024, and the election of thirteen directors, including new appointments and re-elections. Shareholder proposals concerning the amendment of director competencies for climate-related business management and assessment of customers’ climate transition plans were not approved.

For further insights into SMFG stock, check out TipRanks’ Stock Analysis page.